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And janesville, wisconsin, and that paid off. >> the obama campaign, i think, helped wake up people about mitt romney. for instance, in freeport, illinois, the republican congressman, bobby shilling was defeated. and we saw the romney economic model on full display and it was rejected last night. i mean, how much did that kind of a story and the outsourcing play into the decisions last night? >> it was huge. ed, you know, some of the people who won last night, not just president obama, but as you move down the ballot, were people who were all in for some of these great struggles of 2011 and 20...

Congressman, bobby shilling was defeated. and we saw the romney economic model on full display and it was rejected last night. i mean, how much did that kind of a story and the outsourcing play into the decisions last night? >> it was huge. ed, you know, some of the people who won last night, not just president obama, but as you move down the ballot, were people who were all in for some of these great struggles of 2011 and 2012. tammy baldwin in wisconsin was in the capital, with the protesters. sherrod brown, in ohio, turned his campaign over to the movement in that state to overturn their an...

>> the obama campaign, i think, helped wake up people about mitt romney. for instance, in shreveport, illinois, the republican congressman, bobby shilling was defeated. and we saw the romney economic model on full display and it was rejected last night. i mean, how much did that kind of a story and the outsourcing play into the decisions last night? >> it was huge. ed, you know, some of the people who won last night, not just president obama, but as you move down the ballot, were people who were all in for some of these great struggles of 2011 and 2012. tammy baldwin in wisconsin was in the ca...

sales of existing homes dropped. and manufacturers had been expecting a modest increase. and inflation on consumer goods was up. add in collapsing consumer confidence and you get sober advice like this -- >> 2012 could be a very difficult year. i'm on the camp that we have more chance of being in recession than avoiding it. so, they should be conservative right now. their confidence should be down because there's every reason out there that they shouldn't feel confident. >> getting us started tonight our chief business correspondent ali velshi takes us behind the numbers. >> john, wh...

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